Of the possibility that Intel, Google or another technology company will come into the marketplace and sell a bundle of cable channels via the Internet, Mr. Britt said, "It's not clear to me that you could make very much money going that route, and maybe not any money." New entrants to the market would not receive better rates for programming than established companies, he said, noting that if "everybody" watched television via the Internet instead of through cable systems, "then we would have to recover more money from the Internet service" by raising prices.

Catch that?

He doesn't think Intel or Google will make money with Internet based TV. But if they start to get successful, Time Warner Cable will just raise the rate of your Internet access, which means you don't save any money.